Infosys was reluctant to let Sikka go and repeatedly tried to dissuade him from quitting for about a week, sources with direct knowledge of the matter told ET.
Infosys accused the iconic founder of waging a “campaign against the board and the company” and using the threat of media attacks to demand management changes.
Ramamoorthy, who was previously senior vice president - corporate marketing, corporate affairs and communications, has been with the company for 19 years.
Purdue and Infosys will also conduct joint research and develop course materials in areas such as digital agriculture, cybersecurity, etc.
US banks are as yet an untapped market for Indian core-banking systems and there have only been sporadic deals in the sector.
The company had said it would pay shareholders up to $2 billion through dividends and share buybacks in FY18 in April.
In an interview with ET, HP's CEO Dion Weisler spoke about the company’s plans for India-specific devices and its prospects in the Indian market.
Aegis has been focusing on South Asia and serves companies in Japan and Korea out of its existing centres in Malaysia. According to research firm IDC,
Experts say the improved outlook comes on the back of years of investments in platform and digital offerings that are beginning to bear fruit.
Several articles have been written predicting the end of the Indian IT sector but changes in the space are nothing new, Rakesh, also Mphasis CEO, said.
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